Tech Keeps Rolling…

Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures were up on Friday. Key inflation data could shift the narrative of the Federal Reserve’s fight against inflation. The U.S. is expected to release its annual revisions to its consumer price index at 8:30 a.m.

No matter what the inflation reports say, we have winning strategies to help you make consistent gains in any market in The War Room.

Click here to learn more about our “Perfect Timing Pattern” that allows us to make winning trades in bull and bear markets.

Cloudflare (NYSE: NET)

Cloudf;are is up 26.73% in premarket trading following upbeat forecasts for Q1 revenue and profit, surpassing market expectations. This positive outlook is based on strong demand for its cloud and content delivery services. Cloudflare’s projections for the first quarter include revenue between $372.5 million and $373.5 million and adjusted earnings of 13 cents per share, both of which are above analysts’ predictions.

Innovative tech stocks have potential for big gains – if you know how to get in BEFORE they take off. Our Lead Fundamental Tactician Karim Rahemtulla has been pounding the table on what he’s calling “The Last Great Value Stock.” This company is a household name, and it also has a foothold in several environmentally-friendly technologies including nuclear energy.

Click here to discover Karim’s top value stock.

Pinterest, Inc. (NYSE: PINS)

Pinterest is down 8.87% in premarket trading after the company’s fourth-quarter revenue fell short of analysts’ expectations. Despite a 12% increase in sales to $981 million, it missed the forecasted $990.2 million. However, Pinterest achieved a record 498 million monthly users. The company’s focus on direct-response ads and shoppable content, including a new partnership with Google, underscores efforts to bolster revenue, particularly from international markets. For the current quarter, Pinterest anticipates revenue between $690 million and $705 million, slightly below analyst expectations.

Coinbase (Nasdaq: COIN)

Coinbase is up 6.79% in premarket trading as Wall Street expects a year-over-year increase in earnings for the quarter ending December 2023. The crypto exchange platform reports earnings next Thursday. This year the arrival of spot exchange-traded funds (ETFs) have failed to deliver gains in the crypto market and high interest rates are also weighing on the platform.

Expedia Group (Nasdaq: EXPE)

Expedia is down 14.47% in premarket trading despite posting a 37% jump in earnings. The drop could’ve come from its sudden CEO change. The travel website named Ariane Gorin as chief executive officer, succeeding Peter Kern, who had been in the role since 2020. Expedia reported gross bookings of $21.7 billion, missing analysts’ average estimate of $22 billion.

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

More from Wake-up Watchlist